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backup
Better than a fix: Tightening backup and restore helps financial services companies innovate

We all know the risks out there. Ransomware is a huge threat, and critical transactional data is constantly under attack. Meanwhile, financial services organizations are being …

finance
How fast is the financial industry fixing its software security flaws?

Veracode released data revealing that the financial services industry ranks among the best for overall flaw percentage when compared to other industries, but has one of the …

money
How to navigate payment regulations without compromising customer experience

As payment fraud increases, global losses are projected to reach $40.62 billion by 2027. Governments and businesses are turning to meaningful customer authentication to crack …

bank
Attack methods using hybrid bots enable criminals to open mule accounts at scale

During the first half of 2022, BioCatch data reveals that money mule accounts represent up to 0.3 percent of accounts held by financial institutions, and an estimated $3 …

ransomware
Which stolen data are ransomware gangs most likely to disclose?

If your organization gets hit by a ransomware gang that has also managed to steal company data before hitting the “encrypt” button, which types of data are more …

money
How financial institutions are improving customer experience with fraud prevention measures

Fraud is a persistent threat, and there’s no end in sight as the e-commerce landscape continues to evolve and the use of online payment platforms increases. According to one …

Microsoft Office
Microsoft Office apps are vulnerable to IDN homograph attacks

Microsoft Office apps – including Outlook – are vulnerable to homograph attacks based on internationalized domain names (IDNs). In practice, this means that users …

money
Modern bank heists: How can they be thwarted?

In this video for Help Net Security, Tom Kellermann, Head of Cybersecurity Strategy at VMware, talks about threats against financial institutions and the findings of the …

vault
Financial leaders grappling with more aggressive and sophisticated attack methods

VMware released a report which takes the pulse of the financial industry’s top CISOs and security leaders on the changing behavior of cybercriminal cartels and the defensive …

encryption
70% of financial service providers are implementing API security

Financial service providers, such as banks and credit card companies, use a vast amount of APIs, which makes them an attractive target for threat actors. That’s why API …

transformation
Digital transformation leaders reaping the fruits of their investments

Financial services firms who invested in next-gen technologies and continued their digital transformation push in 2021 are already experiencing the positive effects of these …

online marketplace
As digital shopping surges, researchers predict 8 million daily attacks

Arkose Labs released new data on the latest fraud trends, revealing increased threats during the holidays, rising bot attacks, and a resurgence in attacks on travel companies. …

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